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Extraordinary times need exceptional measures and the outbreak of coronavirus has presented a new challenge to the world which was already battling economic slowdown.
India currently is under lockdown up to May 3, 2020, to break the chain of this virus which has added more pressure on machine tool and the manufacturing sector as well as the economy. In this scenario, it is important for us to stay connected with customers, vendors and peers through various communication channels, keep our morale and confidence level high and spearhead policy advocacy in a focused manner with government and all other stakeholders.
IMTMA is bringing you information on what countries across the world including India as well as industries are doing to combat the situation. The E-newsletter gives an insight into news, advisories, and notifications from the central and state governments in India and the best practices that Indian and global industries have adopted to combat this pandemic.. |
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News
Updates
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Covid-19: Entire Pune & Pimpri Chinchwad now declared a containment zone
(Economic Times Auto, April 20, 2020). |
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Bajaj Auto's Rudrapur plant gets
permission to resume operations
(Economic Times Auto, April 20, 2020). |
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FDI Policy: DPIIT open
to further clarification
(Economic Times Auto, April 20, 2020). |
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Coronavirus takes toll on global
M&A as $1 bn deals disappear
(Economic Times Auto, April 20, 2020) |
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Firewall for China: New rules cover
foreign indirect investment as well
(Economic Times, April 20, 2020). |
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Citi sees India’s budget gap
widening the most in three decades
(Economic Times, April 20, 2020). |
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Total lockdown in Tamil Nadu will
continue till May 3, says CM Palaniswami
(Hindu Businessline, April 20, 2020). |
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1,000 foreign firms mull production
in India,
300 actively pursue plan as
'Exit China' mantra grows
(Business Today, April 20, 2020). |
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Auto components industry in preparatory
mode to resume operations: ACMA
(Economic Times Auto, April 20, 2020). |
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Global auto output could fall
by nearly 20 million in 2020
(Economic Times Auto, April 21, 2020). |
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Home ministry's lockdown clause makes
firms nervous about getting back to work
(Economic Times, April 21, 2020). |
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Karnataka defers call on easing
curbs after govt raps Kerala
(Times of India, April 21, 2020). |
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Central Government Advisories
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Ministry of Home Affairs, Government of India
‘Standard Operating System’ for movement of stranded labour, including for engagement in industrial and manufacturing works.Read More |
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Ministry of Finance, Government of India
More than Rs 36,659 crore transferred by using Direct Benefit Transfer (DBT) through Public Financial Management System (PFMS)in the Bank accounts of 16.01 crore beneficiaries during Covid-19 lockdown. Read More |
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State Government Advisories
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Government of Haryana
Lockdown Extension Clarification from the local authorities in Haryana in accordance with the directives of the Home Ministry. Read More |
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Government of Assam
Guidelines post 20th April: Clarification of the business allowed for operations in Assam form 20th April to 3rd May. Exempted industries are not required to seek permission from Deputy Commissioners separately to start operations. Read More |
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Central Government Notifications
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Insurance Regulatory and Development Authority of India
Extension of premium payment for renewal of ‘Health Insurance’ and ‘Motor Third-Party Insurance’ falling due during lockdown period – to 15 May 2020. Read More |
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Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, Government of India
Revision of ‘Return Forms’ to enable tax-payers avail benefits of timeline extension due to COVID-19. Read More |
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State Government Notifications
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Commerce and Industries Department, Government of Karnataka
The state government has exempted certain categories of essential industries including continuous process industrial units to carry on their manufacturing activities keeping in view the importance of maintaining supply chain of essential commodities during lockdown. Read More |
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Labour and Employment Department, Government of Gujarat
The state government has directed that all factories registered under Factories Act, 1948 shall be exempted from various provisions relating to weekly hours, daily hours, intervals for rest, etc. Read More |
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National Best Practices |
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Ace Designers
The company has set down guidelines for resumption of work post-Covid-19. These guidelines are prepared to resume the work at all plants including project site, disinfection inside the plant, movement of vehicles inside the plant, etc. Read More
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Bharat Fritz Werner
During the lockdown period the senior management of BFW has stayed itself connected with its team and stakeholders. BFW is also implementing measures such as use of sanitizers, safe parking, non-biometric system of attendance, use of personal protective equipments, etc. in its campus. Read More
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International Aerospace Manufacturing
IAMPL has spelt out its organizational approach to contain coronavirus, including awareness and prevention, screening and monitoring, social distancing, disinfection and sanitization, and containment plan. Read More
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Kennametal
The company will give priority to focus on health and safety, adjusting production levels to market demand level and focus on cost control. Importance will be given for cash flow and cost control as it moves ahead in tapping new opportunities. Read More
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TVS Motors
TVS has a clear plan for run check the machine during the shutdown. The company has come up with specific guidelines for re-starting after the clampdown including precautions to be taken after the machine is powered on. Read More |
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Maruti Suzuki
Maruti Suzuki has announced several initiatives on Monday in a bid to help its employees and communities around its manufacturing facilities in Haryana. Read More |
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Global Best Practices |
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World Bank and Islamic Development Bank
The World Bank (WB) and the Islamic Development Bank will provide Iran with loans to support the country in fighting coronavirus. Read More
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Motherson Sumi Systems Limited
The board of auto components major Motherson Sumi Systems Ltd (MSSL) has given in-principle approval to raise Rs 1,000 crore to enhance liquidity during the uncertain times of coronavirus pandemic, according to a company statement.Read More
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International Monetary Fund
IMF is providing $1.386 billion to Pakistan under a so-called rapid financing instrument, which addresses emergencies and does not subject a country to a full-fledged reform program that undergoes review. Read More |
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Ventilator Challenge UK Consortium
Ventilator built with help from Rolls-Royce receives approval in UK. The goal is to make 1,500 units per week in the coronavirus fight. Read More
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Aston Martin
Aston Martin has joined other global automotive brands in providing Personal Protective Equipment (PPE) to frontline workers during the coronavirus crisis. The British luxury carmaker is working on a new respiratory protection device, protective visors and gowns for NHS workers. Read More |
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Amtico
Coventry-based flooring firm Amtico has transformed its manufacturing facilities to produce up to 20,000 parts a day for life-saving face shields used by frontline NHS and critical key workers in the battle against Covid-19. Read More |
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Webinars |
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Application of Robots in Manufacturing Automation
IMTMA organized a free webinar on “Application of Robots in Manufacturing Automation” on 20th April 2020. The webinar covered diverse requirements of specific applications involving robotics ranging from simple pick and place application to highly adaptive welding process automation. In this session the emphasis would be on specific requirements of the industry applications for a successful system integration and system design. |
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Implementing Industry 4.0 in India
Industry 4.0 is seen as the next step of evolution of the way Businesses and Manufacturing would work, interact, interconnect and improve through Data Automation and Connectivity; much like how smart phones and internet connectivity have transformed lives. Indian Industry cannot afford to lag far behind in implementing Industry 4.0 for “Future Proofing” itself. Keeping this in view IMTMA organized a webinar on “Implementing Industry 4.0 in India” on 21 April 2020. |
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Overview of Heat Treatment Processes and Metallurgy
There is always a demand by the customers to get superior product for less cost. Engineers and scientists in organisations constantly work in their R&D laboratories to achieve this objective. About 70-80 percent of the components of industrial products, be it automotive or Engineering are manufactured out of various types of steel due to its favourable cost to strength ratio. Keeping this in view, IMTMA is organizing a webinar on “Overview of Heat Treatment Processes and Metallurgy” on 22 April 2020. For further details, please contact Vinayak Kamble on vinayak@imtma.in or +91 9538140498. |
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IMTMA Covid-19 Policy Advocacy |
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IMTMA Covid-19 Help Desk |
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IMTMA has set up a section on Covid-19 Policy Advocacy, relevant Notifications, Press notes, Orders and Circulars issued by the Central and State governments, and the Reserve Bank of India are published on the page |
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IMTMA is pleased to announce formation of “COVID-19 IMTMA Help Desk” for proactively addressing the concerns of Members, specifically related to COVID-19 Government Policies, Financial and Regulatory issues. Members may send their queries by clicking on “COVID-19 IMTMA Help Desk” button in IMTMA homepage www.imtma.in and filling-up the query form |
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Published by Indian Machine Tool Manufacturers'
Association (IMTMA), Bangalore International Exhibition Centre (BIEC),
10th Mile, Tumkur Road, Madavara post, Bangalore - 562 123. Tel.: +91 80
6624 6600 Fax: +91 80 6624 6661 E-mail: imtma@imtma.in
Web: www.imtma.in
Disclaimer: The content and figures shown in the newsletter have been taken from different websites and IMTMA does not take responsibility for the accuracy of the same.
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